Quarterly report [Sections 13 or 15(d)]

NET LOSS PER SHARE (Tables)

v3.25.3
NET LOSS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2025
NET LOSS PER SHARE  
Schedule of net loss per share

Periods ended September 30, 2024

    

Three Months

    

Nine Months

Net loss

$

(14,664,719)

$

(42,226,073)

Dilutive effect of warrant liability

 

(1,428,355)

 

(7,283,786)

Net loss allocated to common shares

$

(16,093,074)

$

(49,509,859)

Weighted average common shares outstanding - basic

 

1,311,197

1,161,681

Dilutive effect of warrant liability

 

15,277

 

23,169

Weighted average common shares outstanding - diluted

 

1,326,474

 

1,184,850

Net loss per share - diluted

$

(12.13)

$

(41.79)

Schedule of dilutive securities have been excluded from the computation of diluted net loss per share

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

    

2025

    

2024

    

2025

    

2024

Warrants

 

1,984,808

680,426

1,984,808

680,426

Preferred shares on an as-converted-into-common-stock basis

 

16,743

200,522

16,743

 

200,522

Stock options

 

212,167

178,654

212,167

 

178,654

Total potentially dilutive shares

 

2,213,718

1,059,602

2,213,718

 

1,059,602